MVP will lease two floors of space at Center City complex

The health insurer, based in Schenectady, said this morning it will lease 46,000 square feet of space at the downtown building, shown right, located off the Jay Street pedestrian mall, and has extended its lease at its 625 State St. headquarters.

The company also said it will remain in downtown Schenectady at least through 2021.

The Galesi Group owns both of the buildings. MVP also will lease parking spaces from Metroplex in the Broadway Center parking garage.

MVP employs more than 1,000 people downtown, growing from 850 when it first occupied the downtown office tower at 625 State in 2002. Much of the growth came following its merger with Rochester-based Preferred Care in 2006, the company said.

About 200 employees will move from 625 State to the space in Center City following renovations there. Terms of the leases weren’t revealed.